Solved

Match Each Qualitative Characteristic with Its Definition

Question 169

Matching

Match each qualitative characteristic with its definition.

Premises:
Measurements that independent parties would agree upon.
Information provides feedback on past activities.
Information that does not bias the decision maker.
Information is presented in time to make useful decisions.
Information is useful in helping to forecast future outcomes.
All information necessary to describe an item is reported.
Responses:
Neutrality
Timeliness
Completeness
Predictive value
Confirmatory value
Verifiability

Correct Answer:

Measurements that independent parties would agree upon.
Information provides feedback on past activities.
Information that does not bias the decision maker.
Information is presented in time to make useful decisions.
Information is useful in helping to forecast future outcomes.
All information necessary to describe an item is reported.
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